2116 South Seneca Street, Unit 24

Wichita, KS 67213

$1,300,000
Price
12
Beds
31,374 Sq. Ft.
$41 / Sq. Ft.
31,374
Sq. Ft.
$41
per Sq. Ft.

Description

This is a phenomenal income opportunity! This 24 unit apartment complex features 12 studio units & 12 1 bedroom units. All units were remodeled and the property is being turned over to Section 8 housing. what does this mean for the perspective new owner?? Guaranteed income every month! No more fighting to collect rent, this is an easy system. Currently there are other housing programs that are worked with as well! Looking for a long-term, appreciating plan? look no further. The stock market is down,...This is a phenomenal income opportunity! This 24 unit apartment complex features 12 studio units & 12 1 bedroom units. All units were remodeled and the property is being turned over to Section 8 housing. what does this mean for the perspective new owner?? Guaranteed income every month! No more fighting to collect rent, this is an easy system. Currently there are other housing programs that are worked with as well! Looking for a long-term, appreciating plan? look no further. The stock market is down, look towards a stable place to park your money, this is it!
  1. Listed by Terra Alonzi • Exp Realty, LLC

Property Details for 2116 South Seneca Street, Unit 24

PARKING
1 per Unit, Paved
Style
Garden

Location

Listing Courtesy of Exp Realty, LLC
Add your commute
LISTING UPDATED: 10/24/2022 06:04 PM

Property Details for 2116 South Seneca Street, Unit 24

StatusActive
MLS #618204
Days on Market580
Taxes$8,919 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Apartment Complex
Year Built1978
Lot Size0.49 AC / 21,550 SF
CountySedgwick County

Location

Listing Courtesy of Exp Realty, LLC
Add your commute

Building Information for 2116 South Seneca Street, Unit 24

Stories2Residences24Year Built1978Building Size-Lot Size0.49 AC / 21,550 SF

Payment Calculator

$7,838 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,095

Property Taxes

$743

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2116 South Seneca Street, Unit 24

Summary
Location and General Information
  • Area: 207
  • City: Wichita
  • State: KS
  • Zip: 67213
  • Geo Latitude: 38
  • Geo Longitude: -97
  • Geo Quality: 1
  • Geo Zoom Level: 16
  • Geo Address Line: 2116 S Seneca St
  • Geo Primary City: Wichita
  • Geo Subdivision: KS
  • Geo Postal Code: 67213
  • Geo Match Code: 0
  • Geo Matched Method: 0
  • County: Sedgwick
  • Directions: NORTH ON SENECA FROM PAWNEE. EAST SIDE OF THE ROAD.
Parking
  • On-Site Parking Spaces: 29
School Information
  • Elementary School: Woodman
  • High School: South
  • Middle School: Truesdell
  • School District: Wichita School District (USD 259)
Taxes and HOA
  • HOA: No
  • General Tax Year: 2021
  • Yearly Specials: $189.60
  • General Taxes: $8,918.89
Property
Lot Information
  • Lot Size Per Square Feet: 21,550
  • Approximate Total Finished Living Area: 31374.0
Property and Assessment
  • Approximate Age: 21 - 35 Years
  • Year Built: 1978
  • Legal: AS PER TITLE
Utilities
  • FLOOD INSURANCE: Unknown
  • UTILITIES: Public, Sewer
Interior and Exterior Features
Exterior Features
  • EXTERIOR CONSTRUCTION: All Brick
  • ROOF: Composition
Interior Features
  • NUMBER OF STORIES: Two
  • COOLING: Individual Unit
  • HEATING: Individual Unit
  • APPLIANCES: Disposal, Refrigerator
Multi Family
Income and Expenses
  • Gross Income: $165,000.00
Unit Information
  • Rent Per Unit - 1 Bedroom: $650
  • Rent Per Unit-Efficiency: $550
  • Number of 1 Bedroom Units: 12
  • Number of Efficiency Units: 12
  • Number of Units: 24
Rental
Rental Information
  • OWNER PAID UTILITIES: Lawn Maintenance, Trash, Water/Sewer
  • TENANT PAID UTILITIES: Electric
  • TERMS OF TENANCY: 1 Year or More, 6 Months or Less, 6 Months to 1 Year, Month to Month

Property History for 2116 South Seneca Street, Unit 24

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 2116 South Seneca Street, Unit 24

This home is within Wichita School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
Woodman Elementary School
PublicPK to 5

Truesdell Middle School
Public6 to 8

South High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2116 South Seneca Street, Unit 24 is a multi-family home for sale in Wichita, KS 67213. This property was listed for sale on October 21, 2022 by Exp Realty, LLC, it's currently listed at $1,300,000. It has been on the market for a total of 580 days and was last sold on October 3, 2003. This listing's school district is Wichita School District. Nearby schools include Woodman Elementary School, Truesdell Middle School and South High School. 2116 South Seneca Street, Unit 24 is a 12-bed, 0-bath, 31,374 sqft multi-family home built in 1978.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Exp Realty, LLC

Based on information from one of the following Multiple Listing Services: Heartland MLS, South Central Kansas MLS, Sunflower Association of REALTORS, Lawrence Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Heartland MLS, South Central Kansas MLS, Sunflower Association of REALTORS , Lawrence Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.